Did you have any business income other than PSI?
Yes |
Go to P2 Description of main business or professional activity. |
---|---|
No |
Read on. |
Finishing your schedule
If the only income you need to show on your schedule is personal services income, you now only need to complete:
- P2 Description of main business or professional activity
- P3 Number of business activities
- P9 Business loss activity details (if you had a loss), and
- P10 STS depreciating assets (if you are an STS taxpayer and have claimed STS depreciation).
Check that you have…
- written you tax file number and your full name on page 1 of your Business and professional items schedule 2004-05 (PDF 285KB)This link will download a file
- transferred your net PSI amount from A item P1 to A item 13 on your tax return (supplementary section). If this amount is a loss, check you printed L in the loss box at the right of A.
- signed and dated your schedule and attached it to page 3 of your tax return
- completed and attached the Individual PAYG payment summary schedule 2005 to page 3 of your tax return (if you received PSI that was subject to withholding).